Chief Financial Officer

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Position Summary

The Chief Financial Officer (CFO) is responsible for the overall financial management, planning, and performance of the bank. As a key member of the executive team, the CFO provides strategic financial guidance, establishes the foundation for sound fiscal management, maintains regulatory compliance, and supports the long‑term growth and stability of the organization. This role is both strategic and hands‑on, overseeing accounting, reporting, budgeting, asset / liability management, and operational finance and deposit functions.

Key Responsibilities

• Direct all Accounting and Finance activities, including general ledger, accounts payable / receivable, and financial reporting.
• Prepare and present accurate, timely financial statements and management reports to executive management and the Board of Directors.
• Promote and establish procedures for compliance with GAAP, regulatory, and tax reporting requirements.
• Oversee the preparation of quarterly Call Reports and other regulatory filings.
• Manage the external audit and examination process.

Strategic & Budgeting Leadership

Asset / Liability & Treasury Management

Capital & Regulatory Oversight

Operational & Leadership Responsibilities

Qualifications

Performance Measures

First Bank & Trust Co. of Illinois offers a compensation package commensurate with experience, including competitive base salary, performance-based incentives, and a comprehensive benefits package featuring healthcare, paid time off, and 401(k) participation.

About First Bank & Trust Co. of Illinois

For over 60 years, First Bank & Trust Co. of Illinois, based in Palatine, IL, has provided personalized banking and lending solutions to businesses nationwide. Our focus on commercial refinancing, acquisition, and bridge lending opportunities is grounded in the values of community, integrity, and relationship‑driven service that make our clients feel like family.

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